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Sold on 07/27/2023
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2263 2nd St, Springfield, OR 97477

$445,000

Last sold 07/27/2023 after 3 Days

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    bed

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    bath

Multi-family not for sale
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About 2263 2nd St

Property type Multi-family
Neighborhood
Year built 1971
HOA fee $0/month
Rental estimate
Property description
Located in a highly sought-after area in proximity to the Gateway Mall and Beltline Hwy, this centrally located Duplex offers convenience and accessibility that's hard to beat. Don't miss your chance to capitalize on this fantastic investment opportunity for a well-maintained investment property!Each side of the duplex has a townhome floor plan featuring 2 bedrooms and 1 bathroom upstairs and a half bathroom downstairs in addition to the living room and kitchen. Each side has a 1-car garage. Both units also have built-in dishwashers and washer/dryer hookups. The 2263 side of the duplex had renovations in 2022, including plank flooring and carpeting, kitchen appliances, new kitchen cabinets and countertops. Perfect for Investment Property or Owner Occupancy.
Listed by
Listing Agent - Krista Harrison
Listing Agent Contact: 541-554-2899
Listing Office - Triple Oaks Realty LLC
Source: RMLS mls logo
MLS#23373287 • last updated 2 years ago
Movoto checked RMLS for data 5 minutes ago
Overview
Heating Wall Furnace
MLS # 23373287
Type Multi Family
Status Sold
Property Tax 3408.17
Year Built 1971
Exterior
Roof Composition
Exterior Features T-111 Siding
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Subdivision Pacific Park
Area 249 - Lane Co: Springfield
Elementary School Page
Middle School Hamlin
High School Springfield
Zoning R1
Directions Hayden Bridge Rd To Grovedale. Grovedale Turns Into 2nd St.
APN 991917
Multifamily Details
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 3
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 3
Unit Type 1: Rent 1495
Unit Type 2: Rent 1425
Total # of Units 2
Gross Rent Multiplier 12.41
Operating Expense Scheduled 7000
Net Operating Income 32340
Operating Expense 6357
Gross Scheduled Income 35040
Gross Income 35040
Cap Rate 7.43
Net Scheduled Income 32340
We are not permitted to show value estimates for this property.
  • Sep 2023
    mls logo MLS # 23373287
  • Sep 5, 2023 Sold
    $445,000
  • Jul 27, 2023 Pending
    —
  • Jul 24, 2023 Price Change
    $435,000 (+1.2%)
  • Jul 24, 2023 Listed
    $430,000
  • Sep 2023
    Public Records
  • Sep 5, 2023 Sold
    $445,000 (+2.3%)
  • Year Property taxes Tax assessment
  • 2024
    $3,680 +4.4%
    $198,037 +3.0%
  • 2023
    $3,523 +3.4%
    $192,269 +3.0%
  • 2022
    $3,408 +1.8%
    $186,669 +3.0%
  • 2021
    $3,347 +3.0%
    $181,233 +3.0%
  • 2020
    $3,249 +3.1%
    $175,955 +3.0%
  • 2019
    $3,152 +6.1%
    $170,831 +6.09%
  • 2018
    $2,971 +4.0%
    $161,025
  • 2017
    $2,857 +2.1%
    $161,025 +3.0%
  • 2016
    $2,797 +2.9%
    $156,335
  • 2015
    $2,717
    —
  • 2263 2nd St
    $445K
  • South Springfield
    $487K +6% y/y
  • 97477
    $405K -5% y/y
  • Springfield
    $455K +1% y/y
No chart available
Statistics calculated by Movoto

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2/10
Hamlin Middle School
public Grades 6-8
Springfield School District 19
3/10
Springfield High School
public Grades 9-12
Springfield School District 19
Source: GreatSchools.org © 2026. All rights reserved.

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